There were strong revenues for taxes on products which include VAT and excise duties. There was €45 billion in revenue from taxes on income in 2021, this category has been increasing steadily since 1995 when €7 billion in receipts was generated. Taxes by SectorĪlmost half of all tax receipts are from the taxes on income category the largest taxes in this area are PAYE and corporation tax. This is an increase of 21% or €15.9 billion on 2020 total tax revenue receipts. The total tax revenues for Ireland were €93.3 billion in 2021 (for comparison the cash-based Exchequer data showed €68.4 billion in 2021).

Looking at the data, COVID-19 restrictions impacted some tax revenues in 2020 but in 2021 we see a return to more normal tax receipts. The data also covers a broader range of tax receipts such as Local Property Tax and local authority commercial rates. In simple terms this takes the cash-based Revenue Commissioners’ data and adjusts the timing of receipts to align with the time of activity. The NTL is based on the national accounts framework (European System of Accounts 2010) where taxes are compiled on a general government accrual basis. The Central Statistics Office (CSO) has today 23 November 2022 released Irish Tax Statistics 2021Ĭommenting on the release, Elaine O'Sullivan, Statistician in the Government Accounts Division, said: “Today’s release is based on the National Tax List (NTL) compiled by the CSO and transmitted to Eurostat.

Receipts for 2021